Peru 1885-Cuz JM 1/2 dinero
This medio dinero, or half dime, was struck 1885 in Cuzco, Peru, and is rare. The first specimen was lot 8074 in Ponterio sale 152 (New York, January 2010), where it sold for $460. The catalog description noted, "PERU, SOUTH. 1/2 Dinero, 1885-JM. Cuzco Mint. VERY SCARCE. NGC MS-61." The Lima mint issues of 1893-1916 are common. This coin, a dinero dated 1886 and a quinto del sol from Arequipa are the only branch mint issues of the decimal period. A earlier type, with a slightly different figure of seated Liberty, was issued 1863-64 (KM 189). The silver coin was replaced in 1918 by a copper-nickel five centavos.
Recorded mintage: unknown.
Specification: 1.25 g, .900 fine silver, reeded edge.
Catalog reference: KM 189a.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Ponterio, Richard, and Kent Ponterio, Ponterio sale 152: The 2010 NYINC Auction, Irvine, CA: Bowers and Merena, 2009.